"But these last few days — even on IHS CERAWeek’s day one 'Oil Day' — the Houston industry conference was all about gas.

"The irony: because gas is so cheap.

"Thus, it is ubiquitously desired: Arctic gas as LNG for Asian markets, natural gas vehicles, LNG locomotives, coal displacement by gas in power generation, gas as a petrochemical feedstock, gas replacing coal in steelmaking, and so on."